3/8 Murphy StreetKennington VIC 3550
Property Details for 3/8 Murphy St, Kennington
3/8 Murphy St, Kennington is a 1 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 142m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
Last Listing description (November 2019)
Beautifully presented, and situated only 1.8km from the Bendigo CBD is this low maintenance property, located in the highly regarded suburb of Kennington.
Comprising 2 bedrooms with built in robes, open plan kitchen/meals, spacious lounge, and low maintenance courtyard with storage room.
Further attributes include undercover off-street car parking, split system heating/cooling, plus gas heater.
Currently leased to an exceptional tenant until 29/4/2020.
Astute investors will understand the importance of adding quality properties in a prime position to their portfolio, whilst those looking to commence their investment goals will also see the appeal of this affordable residence.
Property History for 3/8 Murphy St, Kennington, VIC 3550
- 29 May 2019Listed for Sale $230,000 - $240,000
- 27 Mar 2019Listed for Rent $210 / week
- 21 Nov 2017Listed for Rent $195 / week
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About Kennington 3550
The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.
Kennington has 3,368 properties. Over the last 5 years, Houses in Kennington have seen a 41.95% increase in median value, while Units have seen a 52.71% increase. As at 31 October 2024:
- The median value for Houses in Kennington is $590,475 while the median value for Units is $382,128.
- Houses have a median rent of $450 while Units have a median rent of $400.
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